Our comprehensive research on the Waste Management Market (2023-2031) provides insights for businesses. It covers trends, investments, tech advancements, and major players. The report uses qualitative and statistical data from 2017-2031, including SWOT, BCG, PESTLE analysis, and visuals. It offers a full market landscape with stakeholder insights, regional outlooks, and financial considerations.
The global waste management market size was US$ 881.5 billion in 2021. The global waste management market is forecast to grow to US$ 1385.1 billion by 2030 by registering a compound annual growth rate (CAGR) of 7.8% during the forecast period from 2022 to 2030.
Request To Download Free Sample of This Strategic Report @https://reportocean.com/industry-verticals/sample-request?report_id=Pol1158
Treatment of solid waste through garbage management encompasses a variety of recycling techniques. Managing debris involves gathering, moving, and getting rid of waste, sewage, and other things. It entails handling solid waste efficiently and safely getting rid of useless goods and substances.
COVID-19 Impact Analysis
The growth of the waste management market has been considerably impacted by the COVID-19 pandemic. Due to the entire or partial closure of offices and industrial areas during the lockdown, garbage production decreased notably. However, the garbage from households increased, which has been beneficial for the global waste management market.
Factors Influencing the Market
The rising urban population is primarily driving the growth of the waste management market. According to a World Bank study, the amount of municipal solid waste generated globally in 2016 was 2.1 billion tons. By 2050, that amount is predicted to rise to almost 3.40 billion tons. Thus, the growing municipal solid waste will fuel the growth of the waste management market during the analysis period.
Growing environmental awareness related to renewable waste management systems and rising concerns over increasing CO2 emissions is expected to bring untapped growth potential for the waste management market during the forecast period. To lessen pollution and eliminate environmental risks, market participants in the management sector have been taking proactive steps to recycle MSW and non-hazardous industrial waste.
Rising industrialization will also offer lucrative growth opportunities for the waste management market.
Regional Analysis
The Asia-Pacific waste management market is forecast to record the highest growth rate, owing to the growing urbanization in countries like China, India, Japan, South Korea, etc. Further, these countries are densely populated, with India and China holding the highest population. Apart from that, governments are also investing highly in expanding industrialization in the region. Thus, it will offer opportunities for the waste management market growth.
The expansion of the construction industry will also sustain the region’s growth. It is owing to the rising environmental concerns as a result of increased drilling activity, rapid urbanization, and rising focus on developing cutting-edge, affordable, and sustainable management solutions. For instance, in December 2017, the Chinese company Keppel Corporation was awarded a contract to plan, construct, and manage Hong Kong’s first integrated trash management facility. Thus, such efforts are expected to drive the growth of the Asia-Pacific waste management market during the analysis period.
Get a Free Sample PDF copy of the report @https://reportocean.com/industry-verticals/sample-request?report_id=Pol1158
Competitors in the Market
• Advanced Disposable Services
• BIFFA
• Clean Harbors, Inc.
• Covanta Holding Corporation
• Daiseki Co., Ltd.
• FCC Environment
• Hitachi Zosen Corporation
• Remondis SE & Co. K.G.
• Republic Services
• Stericycle
• SUEZ
• Urbaser
• Veolia Environment S.A.
• Waste Connections
• Waste Management Inc.
• Other Prominent Players
The report furnishes an intricate comprehension of each segment, delivering potential estimations for principal applications and insights into emerging prospects. Every regional market is meticulously scrutinized to ascertain its potential for growth, development, and demand in the forthcoming years.
As of the end of 2022, the Waste Management industry experienced notable growth in its workforce. Starting in January, employment within the Waste Management sector exceeded its pre-COVID levels, resulting in an expansion of payrolls by over 15,000 employees throughout the course of the year. The global Waste Management output demonstrated a remarkable increase of 5.2% during 2021, primarily attributed to a widespread economic upswing and a surge in demand for commodities. However, the momentum shifted in 2022, with the global industrial sector’s production contracting. This reversal followed a robust expansion in 2021, fueled by altered consumer spending patterns and substantial fiscal support.
Forecasts indicate that the global Waste Management output is set to rise by approximately 2.9% in 2023. This projection is underpinned by the gradual recovery of production in Western Europe from its previous troughs, as well as a rebound in output across the Asia/Pacific region. Maintaining its dominant position, China, accounting for nearly 45% of the global Waste Management market, remains both its largest producer and consumer. Remarkably, China’s market share has surged since 2010, when it stood at around 26%. This ascent has led to a substantial contribution to the nation’s GDP. Notably excelling as a top exporter, China leads in various sectors, including silicon, PVC, and several specific segments of the Waste Management market.
Market Segmentation
The global waste management market segmentation focuses on Type, Services, End-User, and Region.
By Type
• Municipal
• Industrial
Download Sample Report, SPECIAL OFFER (Avail an Up-to 30% discount on this report ) @https://reportocean.com/industry-verticals/sample-request?report_id=Pol1158
By Services
• Collection
• Disposal
By End-User
• Commercial
• Industrial
• Residential
By Region
● North America
o The U.S.
o Canada
o Mexico
● Europe
▪ Western Europe
o The UK
o Germany
o France
o Italy
o Spain
o Rest of Western Europe
▪ Eastern Europe
o Poland
o Russia
o Rest of Eastern Europe
● Asia Pacific
o China
o India
o Japan
o Australia & New Zealand
o ASEAN
o Rest of Asia Pacific
● Middle East & Africa (MEA)
o UAE
o Saudi Arabia
o South Africa
o Rest of MEA
● South America
o Brazil
o Argentina
o Rest of South America
Get The Insights You Need By Customizing Your Report To Fit Your Unique Needs And Goals:-https://reportocean.com/industry-verticals/sample-request?report_id=Pol1158
Table of Contents:
Chapter 1: Introduction to the Global Waste Management Industry
Chapter 3: Dynamics of the Market
Chapter 4: Profiles of Leading Companies
Chapter 5: Competition in the Global Waste Management Market among Players
Chapter 6: Market Size across Global Regions
Chapter 7: Application Segments in the Global Market
Chapter 8: Segment Analysis of the Global Waste Management Industry
Chapter 9: Market Chain, Sourcing Strategies, and Downstream Buyers
Chapter 10: Strategies and Key Policies by Distributors/Suppliers/Traders
Chapter 11: In-depth Analysis of Key Marketing Strategies by Market Vendors
Chapter 12: Evaluation of Market Impact Factors
Chapter 13: Forecasted Global Waste Management Market Size (2023-2031)
Reasons to Acquire This Report
(A) This research imparts invaluable insights tailored for senior management, policymakers, industry professionals, product innovators, sales executives, and stakeholders within the market. It equips them with the information needed to make well-informed decisions and craft effective strategies.
(B) The report delivers a comprehensive analysis of global, regional, and country-level Waste Management market revenues, extending projections until 2030. This dataset empowers companies to gauge their market presence, recognize avenues for growth, and explore emerging markets.
(C) Through meticulous segmentation of the Waste Management market encompassing types, applications, technologies, and end-uses, this study empowers leaders to blueprint their products and allocate resources based on the projected growth trajectories of each segment.
(D) Investors stand to gain from the market analysis by gaining insights into market scope, positioning, key drivers, challenges, limitations, expansion prospects, and potential risks. Armed with this knowledge, they can make well-considered investment choices.
(E) The report conducts an intricate analysis of competitors, unraveling their pivotal strategies and market positioning. This intelligence equips businesses with a profound understanding of the competitive landscape, enabling them to chart their own strategies accordingly.
(F) The study facilitates the assessment of Waste Management business projections delineated by region, key countries, and prominent companies, bestowing invaluable information for investment strategizing and decision-making.
Why is our study consequential?
Our study holds paramount importance for various reasons, a few of which include:
• Assisting businesses in gauging the viability of new or existing products or services.
• Facilitating business enterprises in the identification and cultivation of novel market segments.
• Providing a preemptive understanding of consumer demand prior to introducing new products, services, or features.
• Enhancing the overall efficacy of marketing, advertising, and promotional initiatives.
• Analyzing market trends to aid businesses in devising adaptive strategies.
• Guiding businesses in the optimal placement of their products.
Access Full Report Description, TOC, Table of Figure, Chart, etc.-https://reportocean.com/industry-verticals/sample-request?report_id=Pol1158
About Report Ocean:
Report Ocean is a renowned provider of market research reports, offering high-quality insights to clients in various industries. Their goal is to assist clients in achieving their top line and bottom line objectives, thereby enhancing their market share in today’s competitive environment. As a trusted source for innovative market research reports, Report Ocean serves as a comprehensive solution for individuals, organizations, and industries seeking valuable market intelligence.
Contact Information:
Email:sales@reportocean.com
Address: 500 N Michigan Ave, Suite 600, Chicago, Illinois 60611, United States
Telephone: +1 888 212 3539 (US – Toll-Free)
For more information and to explore their offerings, visit their website at:https://www.reportocean.com/